Yahoo Finance's On The Move covers today's headlines.
ADAM SHAPIRO: News on the Move-- New York City is preparing to order non-essential businesses to lock down in nine neighborhoods where positive tests for the coronavirus now exceed 3%. Schools would be closed as well, and that would include indoor and outdoor restaurant dining. Mayor Bill de Blasio proposed those lockdowns yesterday, but New York Governor Andrew Cuomo still has to sign off on them. He's expected to have a press conference any minute now on this issue. 11 other neighborhoods where positive test results are increasing have been put on a watch list.
- The record breaking fire season in California has now claimed 31 lives and scorched four million acres. That's an area greater than the size of Connecticut. Relief might be on the way in the form of rain and cooler temperatures forecast for northern California this week. More than 16,500 firefighters continued to battle 23 wildfires as of Sunday night. That's according to Cal Fire.
ADAM SHAPIRO: "The Philadelphia Inquirer" reports Republican US Senator Pat Toomey plans to retire in 2022 and could possibly run for governor of Pennsylvania. Toomey's office declined comment. He was first elected to the Senate in 2010 before winning re-election in 2016. During his years in Congress, Toomey has been known as a conservative focusing more on tax and spending issues rather than social hot button topics.
- The three scientists who discovered the Hepatitis C virus have been jointly awarded the Nobel Prize in Medicine. The finding from Harvey J Alter, Michael Houghton and Charles M Rice led to the development of highly sensitive blood tests for the virus, as well as antiviral drugs to treat the disease. An estimated 71 million people worldwide have chronic Hepatitis C infection.